Tesla is up 3.88% to $327.29 on Monday after reports that the company is starting to deliver its Model 3 to regular customers.

Electric car blog, Electrek, is reporting that Tesla is starting to deliver cars to customers that aren't employees or company insiders. Electrek is also reporting that Tesla has been stocking its stores and delivery centers around Los Angeles with Model 3s, and posted a video showing more than 100 Model 3s at the company's Fremont delivery center.

Deliveries and full parking lots do not necessarily mean the company has overcome the production bottlenecks that have plagued the Model 3 thus far, but it is a good sign. The Model 3 has a preorder list of about 450,000 customers, while Tesla only produced 260 of the vehicles in the third quarter.